Trilogy Metals (TSE:TMQ – Get Free Report) was downgraded by stock analysts at Raymond James from an “outperform” rating to a “market perform” rating in a report issued on Tuesday, BayStreet.CA reports. They currently have a C$1.00 price objective on the stock, down from their prior price objective of C$1.25. Raymond James’ price objective would indicate a potential upside of 85.19% from the stock’s previous close.
Separately, National Bankshares cut their target price on Trilogy Metals from C$1.00 to C$0.75 and set a “sector perform” rating for the company in a research report on Monday, January 8th.
Get Our Latest Research Report on TMQ
Trilogy Metals Price Performance
Trilogy Metals (TSE:TMQ – Get Free Report) last issued its earnings results on Friday, February 9th. The company reported C($0.01) earnings per share for the quarter, hitting the consensus estimate of C($0.01). Equities analysts predict that Trilogy Metals will post -0.07 EPS for the current year.
Insider Buying and Selling at Trilogy Metals
In related news, Senior Officer Elaine Sanders sold 56,885 shares of the company’s stock in a transaction dated Tuesday, February 13th. The shares were sold at an average price of C$0.46, for a total transaction of C$26,195.54. Insiders sold 72,351 shares of company stock worth $33,085 in the last quarter. 17.12% of the stock is owned by corporate insiders.
Trilogy Metals Company Profile
Trilogy Metals Inc, a base metals exploration company, engages in the exploration and development of mineral properties in the United States. The company explores for copper, cobalt, lead, zinc, gold, and silver properties. It principally holds interests in the Upper Kobuk mineral projects that include the Arctic, which contains polymetallic volcanogenic massive sulfide deposits; and Bornite that contains carbonate-hosted copper – cobalt deposits covering an area of approximately 448,217 acres located in the Ambler mining district in Northwest Alaska.
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